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20121201
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a cliff, not greece, but lower growth on a sustained beats, you are talking about when you get up debt there, it can hold back your growth for decades there are other things you can do to make up for it, you can have innovation and other improvements but it is definitely problematic. you know, you start getting up at levels twice where we are, then i think it gets really dangerous, nobody knows where inbetween you really fall off a cliff. i thigh it is hyperbole to say that the united states is going to become greece but it is not hyperbole to compare us to japan and wonder if we get stuck in this slow growth quagmire. europe might be even more in danger of that. >> rose: okay. let's stop right there. do you think that we are at risk of getting stuck in the slow growth quagmire that japan got stuck in, the united states economy? >> well, i would say we are in a mild version of it now, and, you know, we need to do improvements and reforms. i don't think spending money is the solution. there are smart ways to spend it for sure, but i don't buy this idea that bigger keynesian stimulus wi
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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